IHL 0.00% 4.1¢ incannex healthcare limited

CHART Thread, page-2536

  1. 1,273 Posts.
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    "I just need to wait until I get back to breakeven.... then I can sell" or "If it falls anymore I'm gonna sell so I don't lose my inital capital."
    These are the very nature of resistance and support lines.

    27c to 32.5c is a 20% gain for the week so yes there would be traders exiting today not wanting to hold over the weekend, would love to close back above the 35c level but alas not to be.

    Considering the positive signal sent by the new Board recruitment this week, I am not looking for 20% gains, rather future 10x-20x from here is my goal with either buy out or long term partnership considering everything we know about the expedited 505(2)(b) pathway. I put this at a realistic 3-4 years away. (2 would be nice, but 5 also acceptable).

    Interestingly after hours announcement again showing that they sky is not falling and Dr Sud hasn't sold any shares since formally resigning from CMO position now more than 7 weeks ago, with all other directors also continuing to hold.
 
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